Bloom: Treat Steady Corporate Jobs as High-Yield Accounts for Asymmetric Opportunities
Sahil Bloom · How to Engineer Serendipity | Matt Mullenweg, Automattic · Mar 24, 2022 · at 3:35
Host Sahil Bloom describes a mental model for career allocation while discussing a friend working at McKinsey who wants to start a Web3 business.
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“It's like you as a human being, imagine yourself as like a pile of cash, like a million dollars of cash. You're just a pile of cash. And it's not always that you find the like perfect thing to invest that cash in, like to invest your resources in. And so sometimes you need to find the like High yield savings account to store that cash in while you're waiting to find the big opportunity. And so I presented that to him as like, that's what you're doing. McKinsey in this case in your life right now is like the high yield savings account. Like you're getting a return on your money. You're getting your W two income. You're getting this like prestige. It looks great on your resume. But as soon as that thing comes along that, you know, is like a 10 X like opportunity on that cash, the cash that is your life. You're going to like, Take it out of the high yield savings, wire it into whatever that opportunity is and let it rip and run.”
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